Bearish MACD for Steven Madden, Ltd. - Tale of the Tape

By Zacks.com,  July 16, 2012, 11:30:01 AM EDT

Steven Madden, Ltd. 's ( SHOO ) MACD indicator has moved into bearish territory with a reading of -1.1492. The Zacks #4 Rank ("Sell") stock decreased more than 2.24% to $34.00 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by a cent over the past month to $2.67 per share.

 


 
STEVEN MADDEN (SHOO): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Investing Ideas, Stocks

Referenced Stocks: SHOO



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